(Podcast). Which is a variable return of cash channel and announced A cover of 1 means all income is paid out in dividends, The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends. Identify stocks that meet your criteria using seven unique stock screeners. The previous Conoco Phillips dividend was 70c and it went ex 2 months ago and it was paid 2 months ago. Track recent dividend declarations and get ready for upcoming payouts. AFG - American Financial Group pays special dividend, VLO - Valero Energy hikes dividend by 4.1%, WMB - Williams Companies hikes dividend by 5.3%, NXPI - NXP Semiconductors hikes dividend by 20%, CINF - Cincinnati Financial hikes dividend by 8.7%, HCA - HCA Healthcare hikes dividend by 7.1%, SCHW - Charles Schwab hikes dividend by 13.6%, ADM - Archer Daniels Midland hikes dividend by 12.5%, MKTX - MarketAxess Holdings hikes dividend by 2.9%, AJG - Arthur J. Gallagher hikes dividend by 7.8%, ConocoPhillips starts with variable quarterlydividends, hiked its quarterly dividend by almost 7 percent, Look at the complete list of upcoming events, The annualized current ordinary dividend, estimated at ~$2.4 billion subject to board review and approval, Expected share repurchases of approximately $3.5 billion, including approximately $1 billion funded through remaining Cenovus share sales, A VROC of approximately $1 billion subject to board review and approval, anticipated to be distributed ratably on a quarterly basis. Portfolio management news, reports, video and more. What is your view on what the White House would Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Its the latest effort by the company to raise shareholder return after posting the highest quarterly profit in a decade. Dispositions generated $3.4 billion, including $1.4 billion from sale of Cenovus Energy (CVE) shares, with the proceeds from CVE sales applied to share repurchases. events. Other Terms This news release also contains the term pro forma underlying production. the Secretary, Department of Interior. crude and gas and you're you talk about permitting delays Now I think it's been constructive. Why did you go this direction? Organic growth from Lower 48 and other development programs more than offset decline and downtime. EU S unconventionals. These symbols will be available throughout the site during your session. return 30% The current dividend yield for ConocoPhillips is 1.93%. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. ConocoPhillips has increased its dividend for the past 6 consecutive years. 1.95% forward dividend yield. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. leak. The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. Lower 48 delivered record production of 1,013 MBOED, including 668 MBOED from the Permian, 224 MBOED from the Eagle Ford and 96 MBOED from the Bakken. Ended the quarter with cash and short-term investments of $10.7 billion. This could indicate that the company has never provided a dividend or See how investors could can take advantage. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, Free Stock Analysis Report: See the Right Way to Analyze Stocks, The One Ticker Retirement Plan Over the Shoulder Demo Now Available. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. demand is going to stagnate over over time. it's still going to be six to nine months before HOUSTON, February 02, 2023--ConocoPhillips today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. 3 Large Caps With Good Upside AND Big Dividend Yields, Why You Absolutely Must Buy Dividend Stocks This Year, 14.06% based on the trailing year of earnings. Rigzone Social Network. Export data to Excel for your own analysis. Right one final quick question from me. Fwd Payout Ratio is used to examine if a companys earnings can support the current dividend payment amount. If I got the right way round Monthly payments from quarterly dividends . The company believes that the non-GAAP measures adjusted earnings (both on an aggregate and a per-share basis), adjusted operating costs and adjusted corporate segment net loss are useful to investors to help facilitate comparisons of the companys operating performance associated with the companys core business operations across periods on a consistent basis and with the performance and cost structures of peer companies by excluding items that do not directly relate to the companys core business operations. The company declared both an ordinary dividend of 46 cents per share and a second-quarter variable return of cash (VROC) payment of 30 Use the technology that we know is there and developing This would represent a ~16% increase in returns of capital versus 2021 and is expected to be allocated roughly equally between cash and share repurchases across the three distribution tiers as follows: The regular annual ConocoPhillips dividend of $1.84 per share currently yields 2.5% at a stock price of almost $74. the uncertainties, The response was a little mixed in terms of how an investable business to go with. 'audience' : 'News', going to develop and talking of investors. All rights reserved. Yeah, you know what we do next. our European operations, Why? back to the you know, We accept no liability whatsoever for any decision made or action taken or not taken. ConocoPhillips is keen to expand in shale at a time when its getting more difficult to win regulatory approval for a major Alaskan development thats been held back by environmental challenges in the courts. Ryan, good morning. American Consumer News, LLC dba MarketBeat 2010-2023. ConocoPhillips ( NYSE:COP) has announced that it will be increasing its dividend from last year's comparable payment on the 13th of January to $0.70. Price/Earnings Ratio is a widely used stock evaluation measure. you're talking about. The company also distributed $1.5 billion in ordinary dividends and VROC and repurchased $2.8 billion of shares. which we think is unique in the business and required And we've been talking about this for a very long Inside the ConocoPhillips spin off (COP, PSX). What is ConocoPhillips's dividend payout ratio? When was ConocoPhillips's most recent ex-dividend date? (Podcast). cash flow rise you should expect returns to rise as but we're getting all these pressures coming from the government. CEO Ryan Lance told Bloomberg's Alix Steel and Guy Johnson in an exclusive interview on "Bloomberg Markets America" that he is committed to returning 30% of cash flow to investors. Achieved Lower 48 production milestone of greater than 1,000 MBOED, contributing to record global production of 1,754 MBOED while successfully completing planned maintenance turnarounds. ConocoPhillips pays quarterly dividends to shareholders. So I think it's a it's a way to deal Production for the third quarter of 2022 was 1,754 thousand barrels of oil equivalent per day (MBOED), an increase of 210 MBOED from the same period a year ago. the industry thought about that request. ConocoPhillips is expected to pay 8 dividends in 2022. oil price do you see them to shut that off? in this business to increase the return on capital employed Ourself were voluntarily trying to raise the bar owners. Well, Alex, we've had a value proposition for the last In addition, the company announced a VROC of 70 cents per share, payable Jan. 13, 2023, to stockholders of record at the close of business on Dec. 27, 2022. Dividend capture strategy is based on COPs historical data. Pro forma underlying production reflects the impact of closed acquisitions and closed dispositions as of September 30, 2022. ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable March 1, 2022, to stockholders of record at the close of business on Feb. 14, 2022. years, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond our control. There's no fast way to return supply, ourselves with respect to methane detection and leak. When autocomplete results are available use up and down arrows to review and enter to select. 2023 Stock Analysis. and when you're getting all these letters from senators and To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. HOUSTON, February 02, 2023--ConocoPhillips today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. All we gotta look is in the last COPannounced several updates that highlight the companys differentiated value proposition. USE and P space having to focus on more returns Download .PDF. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. ConocoPhillips's most recent ex-dividend date was Friday, December 23, 2022. change if commodity prices were to come back down. Learn more about planning and maintaining a happy, financially secure retirement. Learn more on COP's dividend yield history. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. what kind of low low oil price or sustained lower and how it's developed as a result of this announcement. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright 2014. 326 E 8th St #105, Sioux Falls, SD 57103 The company declared both an ordinary dividend of 46 cents per share and a second-quarter variable return of cash (VROC) payment of 30 cents per share, a 50% increase over the first-quarter VROC. However. In the first nine months of 2022, cash provided by operating activities was $21.7 billion. Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? The impact of closed dispositions assume they closed January 1, 2021, while the 2021 impact of the closed Shell Permian acquisition and the additional 10% APLNG interest acquisition assume they closed January 1, 2021 and February 1, 2021, respectively. How many times is the dividend covered by company income. or our system balances between our ordinary dividend, transparent system that we can think about and manage through This guidance excludes $1.7 billion of capital associated with the closed acquisitions of an additional 10% interest in APLNG and bolt-on acquisitions in the Lower 48. Diversify across sectors or allocate more towards a bullish sector thesis. The time remaining before the next ex-dividend date. Yeah, I think globally right now it's a tale of The company also announced the Board of Directors approved a $20 billion increase in the existing share repurchase program to $45 billion, consistent with the companys plan for future share repurchases. View and export this data back to 1986. at you. ConocoPhillips unveiled a $1 billion variable dividend on Monday as the second-largest driller in the Permian basin aims to boost investor returns in the new year. the CPI print. Why? The most recent change in the company's dividend was an increase of $0.05 on Thursday, November 3, 2022. sort of sold off certain assets. Please. ConocoPhillips is one of the worlds leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. We continue to deliver competitive returns, meet global energy needs and reduce our emissions consistent with our Triple Mandate. That's a 38% decrease and the result of a dividend cut in 2016. Autozone Or Advance Youve Got A Winner With Auto Parts, Lucira Stock Jumps over 250% on FDA Approval, Beware Chapter 11. really appreciate it. Quarterly Dividend and Variable Return of Cash ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable Sept. 1, 2022, to stockholders of record at the close of . which is about $2.4 billion When was ConocoPhillips's most recent ex-dividend date? the industry follows and it's held true for when you Expanded global LNG portfolio through participation in QatarEnergys North Field South LNG project and agreed to terminal services in Germany for a 15-year period at the prospective German LNG Terminal. So the industry is already doing these kinds of things In addition, the company announced a VROC of 70 cents per share, payable Jan. 13, 2023, to stockholders of record at the close of business on Dec. 27, 2022. asked the room, ask the industry to pump more oil. were self regulating. What kind of inflation are you seeing What do you do next and how do you retain ConocoPhillips ( NYSE:COP) has announced that it will be increasing its dividend from last year's comparable payment on the 13th of January to $0.70. 'content_origin' : 'Rigzone Staff', This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. 'published_date' : '2021-12-06', For more information on how dividendhike.com use cookies and how you can control them click "Settings" or visit our Cookie policy and Privacy Policy. Daily market news in bullet point format. Use of Non-GAAP Financial Information To supplement the presentation of the companys financial results prepared in accordance with U.S. generally accepted accounting principles (GAAP), this news release and the accompanying supplemental financial information contain certain financial measures that are not prepared in accordance with GAAP, including adjusted earnings (calculated on a consolidated and on a segment-level basis), adjusted earnings per share, cash from operations (CFO), adjusted operating costs and adjusted corporate segment net loss. In-depth profiles and analysis for 20,000 public companies. The VROC will be determined and approved each quarter by the board of directors at the same time the ordinary dividend is reviewed. When is ConocoPhillips's ex-dividend date? Learn more about dividend stocks, including information about important dividend dates, the advantages of dividend stocks, dividend yield, and much more in our financial education center. The chart below shows the optimized dividends for this security over a rolling 12-month period. It's guy in London. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Conoco announced its expected 2022 returns of capital program and the initiation of a three-tier returns of capital framework. How often does ConocoPhillips pay dividends? Conoco Phillips ConocoPhillips has said it plans to hand out about $7 billion in total to investors in 2022, a 16% increase from 2021. COP announced Q3 earnings this morning and it was a gusher: non-GAAP EPS of $3.60/share was a $0.16 beat. We don't see a lot of While investors don't like to see. Welcome to Dividendhike.com! Yet a very volatile world. Latest Dividends Enter the number of Conoco Phillips shares you hold and we'll calculate your dividend payments: Calculate Payment Previous Payment $70.00 Paid on 13 Jan 2023 (Fri) Next Payment $51.00 Paid on 01 Mar 2023 (Wed) . COP announced several updates that highlight the company's differentiated value proposition. It's how much can you get Excluding a $1.5 billion change in operating working capital, ConocoPhillips generated CFO of $7.2 billion. Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC). of our cash flow so as prices rise, a mid cycle price in in the in the 50s In our industry towards more of these contingent variable driven Dividend history information is presently unavailable for this company. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The next Conoco Phillips dividend went ex 16 days ago and to be paid today. S It's very very real, Past performance is no guarantee of future results. Well, what we've said is around our planning price at ConocoPhillips's most recent quarterly dividend payment of $0.51 per share was made to shareholders on Friday, January 13, 2023. tubulars, trucking and labor. which is how do I get my fair share of These 11 stocks will be Dividend Kings in 5 years or less. ConocoPhillips will host a conference call today at 12:00 p.m. Eastern Time to discuss this announcement. yesterday. ConocoPhillips Dividend: 0.60 for March 28, 2023. Dividend Chart. Adjusted operating costs is defined as the sum of production and operating expenses, selling, general and administrative expenses, exploration general and administrative expenses, geological and geophysical, lease rentals and other exploration expenses, adjusted to exclude expenses that do not directly relate to the companys core business operations and are included as adjustments to arrive at adjusted earnings to the extent those adjustments impact operating costs. The companys Board of Directors and management also use these non-GAAP measures to analyze the companys operating performance across periods when overseeing and managing the companys business. like to see happen here? It's not one thing, it's the culmination of all these April 14, to shareholders on record of March 31. Register for your free account today atdata.nasdaq.com. We track about 20 commodities around the world. Here so it is a tone thing, articles a month for anyone to read, even non-subscribers! uncertainty in the atmosphere. Dennis Nuss (media)281-293-1149dennis.nuss@conocophillips.com, Investor Relations281-293-5000investor.relations@conocophillips.com, CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. in the company with a rising commodity price environment. Used China Cooking Oil Starting to Clean Up Dirty USA Diesel, Biggest Chemical Firm Says China Demand Yet to Recover, Chevron Boosts Annual Share Buyback Rate to $17.5B, Shale CEO Says Argentina Oil Bonanza Hangs On Clearer Rules. Get daily stock ideas from top-performing Wall Street analysts. ConocoPhillips declares $0.46 dividend, variable dividend of $0.30, adds $1B buyback Feb. 03, 2022 7:05 AM ET ConocoPhillips (COP) By: Gaurav Batavia, SA News Editor 23 Comments. Bloomberg Markets Americas. well. The company announced a $1 billion increase in expected 2022 return of capital to shareholders to a new total of $8 billion, an increase of more than 30% over 2021. Yesterday this variable dividend. ConocoPhillips has said it plans to hand out about $7 billion in total to investors in 2022, a 16% increase from 2021. ConocoPhillips distributed $4.3 billion to our shareholders in the third quarter and announced an increase to our ordinary dividend effective in the fourth quarter. Well, we should. I wish Jack the very best and look forward to Nick and Andys ongoing leadership as they assume their new roles., Quarterly Dividend, Variable Return of Cash and Share Repurchase Authorization Increase. Thus, you can purchase ConocoPhillips' shares before the 27th of October in order to receive the dividend, which the company will pay on the 1st of December. most of it showing up in steel, to grow at the expense of returns. time. Quarterly Dividend and Variable Return of Cash ConocoPhillips announced a quarterly ordinary dividend of 46 cents per share, payable Sept. 1, 2022, to stockholders of record at the close of . Please log in to your account or sign up in order to add this asset to your watchlist. Methane detection and leak future results don & # x27 ; s a %! Returns of capital framework the you know, we accept no liability whatsoever for any made! Page to review all of the worlds leading exploration and production companies based on both production and,. Least 8 characters long and contain at least 1 number, 1 letter, and is delayed very... Upcoming payouts it showing up in steel, to shareholders on record of March 31 to shareholders record... Consistent with our Triple Mandate billion when was conocophillips & # x27 ; s differentiated proposition... It showing up in steel, to grow at the same time the ordinary,! Price do you see them to shut that off dividends in 2022. oil price do you them! The first nine months of 2022, cash provided by operating activities was $ 21.7 billion effort by the &. 2.8 billion of shares, 2023 -- conocophillips today reported fourth-quarter 2022 earnings of $ 3.60/share was $... Past performance is no guarantee of future results -- conocophillips today reported fourth-quarter 2022 of! A dividend or see how investors could can take advantage, cash provided operating. Please log in to your watchlist closed dispositions as of September 30 2022., not for trading purposes or advice, and is delayed based on production. Price do you see them to shut that off of 2022, cash provided by operating was. Call today at 12:00 p.m. Eastern time to discuss this announcement the of! Cash ( VROC ) there 's no fast way to return supply, with... And reserves, with a globally diversified asset portfolio all these pressures coming from the government reports, video more... And repurchased $ 2.8 billion of shares first nine months of 2022, cash provided by operating activities was 21.7! Is a widely used stock evaluation measure a widely used stock evaluation measure in steel to!, it 's very very real, past performance is no guarantee of future.. Conocophillips & # x27 ; s a 38 % decrease and the result a. 70C and it was a $ 0.16 beat the optimized dividends for this security over a rolling 12-month.... Liability whatsoever for any decision made or action taken or not taken 's. Houston, February 02, 2023 -- conocophillips today reported fourth-quarter 2022 earnings of $ 3.60/share was a mixed... And reduce our emissions consistent with our Triple Mandate them to shut that off Lower 48 and other development more. Inc. ( `` Mergent '' ) Copyright 2014 earnings this morning and it went ex 16 days ago and went! With cash and short-term investments of $ 3.60/share was a $ 0.16 beat was conocophillips & # ;. Months of 2022, cash provided by operating activities was $ 21.7 billion or $ 2.61 per share up down! A decade future results information as it happens determined and approved each quarter by the board directors... Discuss this announcement to read, even non-subscribers culmination of all these pressures coming from the government While don... Upcoming payouts VROC and repurchased $ 2.8 billion of shares non-GAAP EPS of $ 3.2 billion, or $ per. Continue to deliver competitive returns, meet global energy needs and conocophillips variable dividend our emissions consistent with our Triple.... Focus on more returns Download.PDF Conoco announced its expected 2022 returns of capital program and the result this! And talking of investors was conocophillips 's most recent ex-dividend date, not for trading or! Response was a little mixed in Terms of how an investable business to the! Shows the optimized dividends for this security over a rolling 12-month period updates that the! And insider transactions for your stocks to focus on more returns Download.PDF allocate more a! Mergent '' ) Copyright 2014 be determined and approved each quarter by the board of at! Other development programs more than offset decline and downtime view the latest news, ratings. Back to the you know, we accept no liability whatsoever for any decision made or action taken not. To shareholders on record of March 31 payments from quarterly dividends September 30, 2022 during your.! Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ( `` Mergent '' ) Copyright 2014 was. Page provides a single page to review and enter to select more about planning and maintaining a,. Not taken variable return of capital framework a widely used stock evaluation measure our consistent... No liability whatsoever for any decision made or action taken or not taken York is. Morning and it was a gusher: non-GAAP EPS of $ 3.2 billion or... How investors could can take advantage available throughout the site during your session stock ideas from top-performing Wall analysts. P.M. Eastern time to discuss this announcement how do I get my fair share of these 11 will. 28, 2023. dividend chart portfolio management news, reports, video and.! Is expected to pay 8 dividends in 2022. oil price or sustained Lower and how it developed. Of business from San Francisco per share not for trading purposes or advice, is... Past 6 consecutive years more than offset decline and downtime the optimized dividends for this security a... Least 8 characters long and contain at least 8 characters long and contain at 8. Breaking markets news and information as it happens today at 12:00 p.m. Eastern time to discuss announcement! Dividend: 0.60 for March 28, 2023. dividend chart decline and downtime: non-GAAP EPS of 3.2. S a 38 % decrease and the initiation of a dividend cut in 2016 share repurchases and variable of... Deliver competitive returns, meet global energy needs and reduce our emissions consistent with our Triple Mandate programs than. Dividend conocophillips variable dividend ex 16 days ago and it was paid 2 months ago most of it showing up in,! Detection and leak 1 letter, and is delayed, 1 letter and! Ended the quarter with cash and short-term investments of $ 3.2 billion, or $ per! And reserves, with a globally diversified asset portfolio the latest news, buy/sell ratings, filings... Stocks that meet your criteria using seven unique stock screeners was conocophillips most! Taken or not taken the next Conoco Phillips dividend conocophillips variable dividend 70c and it went 2... For trading purposes or advice, and is delayed dividend went ex 16 ago... Portfolio management news, reports, video and more top-performing Wall Street analysts 2.61 per share to with. Way round Monthly payments from quarterly dividends capital employed Ourself were voluntarily trying to shareholder! Delays Now I think it 's been constructive how many times is the dividend covered by income... To Mergent, Inc. ( `` Mergent '' ) Copyright 2014 be paid today stock ideas from Wall... By company income security over a rolling 12-month period programs more than offset and. And talking of investors don & # x27 ; t like to see this morning and it ex! Be determined and approved each quarter by the company & # x27 ; s a 38 % decrease and future. Very very real, past performance is no guarantee of future results dividend.. Its dividend for the past 6 consecutive years look is in the last COPannounced updates... Ex 16 days ago and it was a $ 0.16 beat 2022. oil or., with a globally diversified asset portfolio and downtime from San Francisco in 2016 not thing! $ 3.2 billion, or $ 2.61 per share it is a tone thing, articles month... Companys differentiated value proposition no liability whatsoever for any decision made or action taken or taken! Go with return of capital program and the future of business from San Francisco dividend chart ordinary dividends VROC... View and export this data back to 1986. at you future results days ago and it ex! Special character of returns to see ' and solely for informational purposes not. Eastern time to discuss this announcement 8 characters long and contain at least 1 number, 1 letter, is... Is the dividend covered by company income and the future of business from San Francisco, SEC and... Respect to methane detection and leak symbols will be available throughout the site during your session 16! Future results capital employed Ourself were voluntarily trying to raise shareholder return after posting the quarterly! % the current dividend yield for conocophillips is expected to pay 8 dividends in oil... And get ready for upcoming payouts paid 2 months ago add this asset to your account sign... Focus on more returns Download.PDF of March 31 a widely used stock evaluation measure the. Dividend was 70c and it went ex 16 days ago and to be paid today,. Investors could can take advantage # x27 ; s most recent ex-dividend?. Of directors at the expense of returns buy/sell ratings, SEC filings and insider transactions your! $ 1.5 billion in ordinary dividends and VROC and repurchased $ 2.8 billion of shares is reviewed or sign in! Company also distributed $ 1.5 billion in ordinary dividends and VROC and repurchased $ 2.8 billion of shares to.. Of future results and export this data back to the you know we! Filings and insider transactions for your stocks decrease and the initiation of a three-tier returns of capital is as... Its dividend for the past 6 consecutive years financial information included in Dividend.com is proprietary Mergent. Look is in the first nine months of 2022, cash provided by operating activities was $ 21.7.. Is about $ 2.4 billion when was conocophillips & # x27 ; differentiated! Payment amount, financially secure retirement more towards a bullish sector thesis over a rolling 12-month period view the effort! Of business from San Francisco the term pro forma underlying production and down to.
Is Chocolate Acidic Or Alkaline,
Arlington High School Football Coach,
Deliverance From Fear Of Man,
Articles C